Rolls-Royce boss enjoys £1.6m pay increase despite £2.9bn 2018 losses and engine issues March 25, 2019 Rolls-Royce chief executive Warren East saw his pay skyrocket by more than £1.6m last year, despite presiding over a loss-making year and a series of issues with the firm’s engines which grounded a British Airways jet for nearly a year. East did not receive a rise in his base salary, but was the beneficiary of [...]
Passengers bemused after BA flight bound for Dusseldorf lands in Edinburgh March 25, 2019 Passengers on a British Airways flight bound for Dusseldorf in Germany this morning got a nasty shock when their plane landed in Edinburgh – 844 kilometres from its correct destination. The flight, operated by WDL Aviation for BA, departed London City Airport at 7.46am this morning, and should have arrived in Dusseldorf less than an [...]
Norwegian boss Bjorn Kjos hints at retirement after months of turbulence March 25, 2019 The chief executive of Norwegian Air Shuttle has said he is open to retiring just a week after the company’s chairman stepped down during a tough time for the carrier. “I am deep in overtime. I should have retired a long time ago. There is a time for everything, but it’s perhaps not only my [...]
Barclays director Chris Pilling surprise candidate to become new FA chief March 23, 2019 Barclays director Chris Piling is one of the final candidates in the race to take over as chief executive of the Football Association, according to Sky News. Piling is a leading contender to replace Martin Glenn at the FA but faces competition from Mark Bullingham, the current chief commercial and football development officer at the [...]
Royal Mail appoints second chairman in just six months after tumultuous year March 22, 2019 Royal Mail has appointed new chairman for the second time in just six months as his deputy steps into the role. British Airways veteran Keith Williams – who worked as chief executive, head of finance and executive chairman at the carrier – will take on the job from 22 May, the company announced. Read more: [...]
Data breaches drive losses from fraud up to £1.2bn March 21, 2019 The theft of personal information following data breaches drove an increase in money stolen through fraud to £1.2bn last year. A number of well known companies suffered high profile data breaches in 2018, including Facebook, Google, and British Airways. Read more: Fraud office launches investigation into London Capital & Finance Unauthorised fraud, where the account [...]
Rolls-Royce boss Warren East to leave Dyson board as vacuum maker moves into electric car market March 21, 2019 Rolls-Royce chief executive Warren East is to step down from the board of Dyson, where he has served as a non-executive director for six years. Dyson this morning confirmed East would leave the board, meaning the vacuum cleaner manufacturer will be without one of the world’s foremost engineering business experts as it tries to move [...]
Rail review head Keith Williams says government role in industry ‘has to change’ March 19, 2019 The government's role in the UK railways will "have to change" if the industry is to become more customer-focused, the former boss of British Airways has said. Keith Williams, who was appointed to lead a "root and branch" review of the railways following last year's May timetable chaos, hinted that the Department for Transport (DfT) could take [...]
Norwegian Air chairman resigns after turbulence hits carrier March 18, 2019 The chairman of Norwegian Air Shuttle will resign his position after a turbulent time at a company. Bjorn Kise said he made the decision to “make room” for new talent. Read more: Norwegian Air to seek compensation for Boeing flight ban Speculation has raged over takeover offers, with British Airways owner IAG ruling out a [...]
Oman Air beats British Airways to top Heathrow’s greenest airlines league March 18, 2019 Oman Air has topped Heathrow Airport's league of green and quiet airlines, beating rivals such as British Airways and Etihad Airways. Oman's flag carrier landed itself at the top of the league after it phased out its older aircraft and replaced it with the ultra-quiet and green Boeing 787 dreamliner. The Heathrow "fly quiet and [...]